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Saxon replied Mar 31, 2010Ya, I am off AUD for a few hours until there is some direction. I just made some pips watching M15 GBP/USD flirting with 100MA. It was bound to take a dip and finally did. For AUD, remember back a day or so ago when we were showing significance on ...
AUD/USD
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Saxon replied Mar 31, 2010It started smelling like smoke in my office and it was coming from one of my terminals. Looks like I fried it, oh well. Semi-Fixed now. Ya, interesting dive eh? I got us bouncing of my H1 200MA right now. We are between my lower MAs on H1 and might ...
AUD/USD
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Saxon replied Mar 31, 2010Woohoo, got my computer fixed. I'm back in the game. Seems I missed a lot of healthy hedging arguments

AUD/USD
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Saxon replied Mar 29, 2010Ya, i had a lot of those kind of kids in my classes back in college. We would do group work but they would just cruise by on our work and never learn anything, then when finals came they failed. Best to get a fundation and a good understanding so ...
AUD/USD
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Saxon replied Mar 29, 2010Hi Geppy, Not taking a shot at you, but I agree and disagree with a few of your items. First, I agree that stops are very important and don't trade without them. I don't think that mental stops are efficient and feel that their are counter to the ...
AUD/USD
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Saxon replied Mar 29, 2010Hey man, Sorry to hear that. What do you use to look for setups and how do you analyze the market. If you give me an idea of how you trade and what you look for I can give you suggestions
AUD/USD
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Saxon replied Mar 29, 2010This is what will change it for me, see attached Daily. If we break the uppder daily TL, then I will change my opinion on Bulls/Bears. Right now we are at a tight interaction with 50 and 100MA. I want a swing down to 200MA which will confirm a ...
AUD/USD
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Saxon replied Mar 29, 2010Haha. Are you currently in right now? If so, what is your entry and stops. I am still bearish on this pair.
AUD/USD
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Saxon replied Mar 29, 2010Oh, sorry, I didn't mean draw it back that far. Just from 4hr high around March 17. You can see it easier on H1 frame
AUD/USD
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Saxon replied Mar 29, 2010Ya, we did go through it a little while ago. My concern is that on the way back down, it will prevent us from falling too fast. The attched chart is what I am worried about. TL changing S/R roles
AUD/USD
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Saxon replied Mar 29, 2010I want to believe that today was just a one-off situation and that the markets will resume their prior direction in a few hours. If we do head back down, wonder how the H4 TL is going to interact with PA and might cause a longer consolidation.
AUD/USD
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Saxon replied Mar 29, 2010I don't know. I thought that this was going to only be minor S/R, see above.
AUD/USD
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Saxon replied Mar 29, 2010Ya, I had some technical issues with one of my computers, so I had to step off the desk for a bit. Doesn't look like I missed too much PA though.
AUD/USD
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Saxon replied Mar 29, 2010What Reuters system are you using? I am not as familiar with the IFR feed they give but you can see if there is a tutorial with Reuters. url go through 2369. You can just call them up and they will probably be able to give you the layout. Sorry I ...
AUD/USD
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Saxon replied Mar 29, 2010I'd sit out and lick my wounds for a bit. Not a good idea to jump back in after a loss. Give it an hour or so and collect yourself.
AUD/USD
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Saxon replied Mar 29, 2010Good luck man. Keep an eye on it. I shorted NZD an hour ago and just exited with tight TP. It was weird that AUD kept the momentum though. Lost a small position on AUD an hour or so ago, so I am flat right now. Thinking about getting back in soon ...
AUD/USD
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Saxon replied Mar 29, 2010Good spotting that, I forgot to pan out my chart to 4hr and was like what

I was just relying on that being a horizontal S/R, but now that 4hr TL gives it some more weight.AUD/USD